Updated Apartment
For Sale
$700,000
910 E Adams, Harlingen, TX 78550
Multifamily property with consistent unit layouts and updated apartments near schools, a library, and food options.
Property Size7,644 SF
Price / SF$91.58
Days on Market88
Property Features for 910 E Adams
General Information
Standard status
Active
Size
7,644 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
13
Building Details
Year Built
1965
Listing Agency:
COLDWELL BANKER IMPACT PROPERTIES
Listed By:
KARINA GARCIA · License #TREC#0708669
Source:
Accessrealtyrgv
Added: Jul 21
Changed: Oct 13
Last Checked: Oct 15 at 12:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER IMPACT PROPERTIES
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Investment Insights
Based on property information with market context.
Built in 1965, this 7,644-square-foot apartment property includes a 12-unit building plus an efficiency. The apartments have been updated, and the units follow a consistent layout that can support streamlined maintenance and leasing operations.
Adams Apartments is located at 910 E Adams in Harlingen, Texas. Schools, a library, and food options are within walking distance, providing convenient access to everyday services and neighborhood amenities.
Adams Apartments is located at 910 E Adams in Harlingen, Texas. Schools, a library, and food options are within walking distance, providing convenient access to everyday services and neighborhood amenities.
Key Highlights
- 12‑unit apartment building plus an efficiency
- 7,644 square feet of property size
- Units feature consistent layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,834
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,680
$1.2M
Cap Rate 7%
$826,200
$826.2K
Cap Rate 9%
$642,600
$642.6K
Market Conditions
NOI Build-Up for 7,644 SF
Gross rent
$112.8K $14.76/SF
− Vacancy
−$7.7K −$1.00/SF
EGI
$105.2K $13.76/SF
− OpEx
−$47.3K −$6.19/SF
NOI
$57.8K $7.57/SF
Area
Cameron County, TX
Vacancy
6.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,680
Cap Rate 7%
$826,200
Cap Rate 9%
$642,600
Alternative Uses
Best Use
Apartment 5plus
$826.2K
$722.9K – $963.9K
NOI $57,834 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.32M
$1.15M – $1.54M
NOI $92,132 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with consistent unit layouts and updated apartments near schools, a library, and food options.
Where is this apartment building located?
The property is located at 910 E Adams Harlingen, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 12‑unit apartment building plus an efficiency; 7,644 square feet of property size; Units feature consistent layouts
